What's up guys? Shiningbind here with your latest music news here on Time Ends Radio. If you have not checked us out yet, please be sure to do so by clicking on that follow button on any of the social media platforms we are on and check us out on Spotify. So this latest news comes all the way from overseas from China as the once popular Chinese music streaming app, Xiami, has shut down.
According to techcrunch.com, The music app debuted back in 2008 and was acquired by Alibaba in 2013 has discontinued its service. Xiami had sent out notifications to users. Xiami means “Small Shrimp” in Chinese, and was known for its elegant design, discovery and support for indie musicians. However, due to decline in popularity along with battling for music rights in China, Xiami had lost large amounts of music rights and users to their richer platforms.
New 18 stated that with the closure of Xiami, Chinese regulators had launched an antitrust investigation into Alibaba, which also operates in sectors such as financial services, cloud computing, and artificial intelligence.
Anyways, that’s all the news I have for now. Until then, listen to some good tunes, keep up with hygiene, and stay healthy. Peace out!
According to techcrunch.com, The music app debuted back in 2008 and was acquired by Alibaba in 2013 has discontinued its service. Xiami had sent out notifications to users. Xiami means “Small Shrimp” in Chinese, and was known for its elegant design, discovery and support for indie musicians. However, due to decline in popularity along with battling for music rights in China, Xiami had lost large amounts of music rights and users to their richer platforms.
New 18 stated that with the closure of Xiami, Chinese regulators had launched an antitrust investigation into Alibaba, which also operates in sectors such as financial services, cloud computing, and artificial intelligence.
Anyways, that’s all the news I have for now. Until then, listen to some good tunes, keep up with hygiene, and stay healthy. Peace out!
